Question: Exercise 9-8 Ratio analysis [LO 4, 5] Balance sheet data for Kamel Corporation follow. Current assets $800,000 Long-term assets (net) 4,300,000 Total assets $5,100,000 Current
Exercise 9-8 Ratio analysis [LO 4, 5]
| Balance sheet data for Kamel Corporation follow. |
| Current assets | $800,000 |
| Long-term assets (net) | 4,300,000 |
| Total assets | $5,100,000 |
| Current liabilities | $400,000 |
| Long-term liabilities | 2,560,000 |
| Total liabilities | 2,960,000 |
| Total stockholders' equity | 2,140,000 |
| Total liabilities and stockholders equity | $5,100,000 |
| Required: |
| Compute the following (Round your answers to 1 decimal place. Omit the "$" & "%" signs in your response): |
| Working capital | $ | |
| Current ratio | : 1 | |
| Debt to assets ratio | % | |
| Debt to equity ratio | : 1 | |
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